Kohl’s managed to bring in earnings that were ahead of analysts’ estimates on most counts, with revenue, profits and same-store sales all in above expectations. The earnings forecast for the rest of the year, however, failed to thrill, and Kohl’s stock paid the price yesterday in trading. Nonetheless, the firm remains bullish on the backend of the year and is contemplating further expanding its partnership with Amazon.  Read More...

Luxury retailers have traditionally served local markets, reaching clients through aisles and (clerks’) smiles. Luxury global retailer Farfetch, valued at $6B, filed its IPO, showing how digital data connects with luxury brick-and-mortar boutiques worldwide. Across channels and Chanel, PYMNTS delves into the IPO filing to give a read on the state of luxury retail around the world.   Read More...

Consumers are connected all the time, making it ever easier to click, browse and subscribe their way to exactly the commerce experience they want. The good news is those touchpoints are getting more numerous, exponentially expanding the types of commerce activities on offer. The bad news: Those touchpoints are getting more numerous — meaning the ill-intentioned also have more access points to inject fraud into transactions.  Read More...